Ameriprise Financial Inc. said it recruited a team in Phoenix, Arizona, that had managed more than $450 million in assets at UBS.
Christine Gustafson, founder of Phoenix Wealth Management, had been affiliated with UBS since 2009, according to her BrokerCheck report. She has 37 years of experience, starting at PaineWebber in 1984. Gustafson specializes in working with high-net-worth clients, family offices and charitable foundations.
Making the move along with Gustafson are private wealth adviser Norman Lemus and staff members Amanda Morrell and Lisa Campbell. Lemus serves as portfolio manager for the firm’s Tobacco-Free Portfolio, which was designed for the American Heart Association.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
